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Online Hotel Booking Market: $1.8 billion in 2015

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Online Hotel Booking Market: $1.8 billion in 2015

Online Hotel Booking Is Anticipated To Be arouns $1.8 billion market size with anticipated 8.4 million Indians are Likely To Book Hotels online by 2016
As per the data compiled by Internet & Mobile Association Of India, there are around 300 million internet users, and this number is certain to rise with deeper penetration of internet and rise in smart phone users.  Various market have directly benefited from the inter user and Hotel Industry is an another segment that is gaining momentum with the online hotel booking system.

Consumer's confidence to do online hotel bookings is on the rise in India, with an estimated 8.4 million Indians likely to book hotels online by 2016. The online hotel booking industry will be worth $1.8 billion from the current $0.8 billion,” as per the report by Google Inc.
Budget accommodation has emerged as the most popular option for travelers in India with 49% users choosing them. Google said 32% users book economy hotels and 19% users book luxury hotels. While only 29% of the users book hotels online at present, 83% of users who research for hotels online are comfortable transacting online and do an online transaction once a month

 

ONLINE HOTEL ROOM BOOKING SOFWARE FOR YOUR HOTEL WEBSITE



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